Metal Recycling Market Report offers an industry-wide analysis of the market, including precise assessment of the demand for the Metal Recycling Market and accurate market insights that allow readers to identify the existing opportunities and threats and optimize their investments. It offers the global sector across key regional markets and gives an extensive investigation and statistical analysis of vital market elements. The study also performs an elaborate industry-wide competitive analysis, highlighting the major companies in the Metal Recycling Market that regulate a substantial portion of the global market share and infers beneficial prospects and hurdles to help the reader invest wisely.
The report includes the latest coverage of the impact of COVID-19 on the Metal Recycling industry. The incidence has affected nearly every aspect of the business domain. This study evaluates the current scenario and predicts future outcomes of the pandemic on the global economy.
Major Companies Profiled In The Report:
Nucor Corporation, Sims Metal Management Limited, Arcelormittal, Aurubis AG, Tata Steel Limited, Dowa Holdings Co Ltd., Commercial Metals Company, Totall Metal Recycling, Inc., Norton Aluminium, and American Iron Metal (AIM), among others.
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The research segments the market based on product type, applications and end-use. It profiles the key players of the business and their individual contribution to the global economy. The report focuses on significant investments, business ventures, mergers, acquisitions, collaborations along with the technological developments in the field. It also evaluates the upcoming and niche areas in the business. The researcher aims to offer expert insights related to the industry and the new opportunities available in the market.
For the purpose of this report, Reports and Data have segmented into the global Metal Recycling market on the basis of type, scrap type, end users, and region:
Type Outlook (Revenue, USD Billion; Volume, Kilo Tons; 2017-2027)
Ferrous
Non-Ferrous
Scrap Type Outlook (Revenue, USD Billion; Volume, Kilo Tons; 2017-2027)
Old Scrap
New Scrap
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End Users Outlook (Revenue, USD Billion; Volume, Kilo Tons; 2017-2027)
Building and Construction
Automotive
Packaging
Equipment Manufacturing
Shipbuilding
Consumer Appliance
Others
The key geographical regions analyzed in the report are:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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Further key findings from the report suggest
The demand for ferrous material in metal recycling is growing. The usage of it in several products are high. For instance, in the year 2018, the recycling rates for ferrous scrap in cars was 106%, for appliances: 90%, for steel cans: 66.8%, for structural steel: 98%, and for reinforcement steel: 70%.
The dominant end user of the recycled metal was the building and construction industry. It held the largest market share of 35.1% in the year 2019. The increased ongoing construction activity all across the globe in the past few years and growing conscious of sustainable development has encouraged the segment's end users to use more recycled metals.
The demand for steel was slow in China in the year 2018, but it witnessed a rise in the rest of the world, mainly due to the United States strong economy. Increased consumer spending, as well as business confidence, has led to a solid product demand. This boosted the demand for recycled metals in the North American region.
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